Meiji Holdings Co., Ltd. Meiji Holdings Co., Ltd. Financial Results- For the First Half of FYE March 2017 -  

H1 Overview -  FYE March 2017

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Number of outside director increased from two to three, one retired and two newly-appointed.
Board members are actively discussing on our long-term management plan.

The external environment poses concerns of deflation in the food segment and harsh competition in pharmaceuticals segment.
Food: Chain store sales statistics indicate that sales of existing store declined in August.
Pharmaceuticals: The market experienced negative growth in H1. Similar trend will continue in H2.

Issues need to be addressed in the 2nd Half

 - Manage business amid a changing external environment.

 - Accomplish structural reforms outlined in our medium-term business plan.